In a notable transaction to kick off the year, Steven Herzberg led our firm’s representation in the purchase of a River City Landing Apartments, which is a 325-unit, 24-acre multifamily complex situated in Jacksonville, Florida. The acquisition, valued at $31 million, underscores our commitment to securing valuable assets for our clients. Notably, despite the complexity inherent in such deals, we efficiently closed the transaction within a remarkably short 25-day period from contract to closing.
Jacksonville, Florida, known for its thriving real estate market and strategic location, offers immense opportunities for property investments. Situated in the northeastern part of the state, Jacksonville boasts a diverse economy, a robust job market, and a steadily growing population, making it an attractive destination for real estate ventures.
Our firm’s swift handling of this deal proves our ability to manage complex transactions efficiently. We’re prepared to handle similar challenges across Florida with ease